Litigation/Liability Trends
Another Earthquake Strikes Central Italy; Homes and Historic Churches Tumble
A powerful earthquake struck Italy on Sunday in the same central regions that have been rocked by repeated tremors over the past two months, with more homes and churches brought down but no deaths ...
Amtrak’s $265M Settlement Over 2015 Derailment Approved by Judge
A U.S. judge on Thursday signed off on a record $265 million settlement over an Amtrak passenger train crash in Philadelphia in 2015 that killed eight people and injured about 200 others, court ...
Central Italy Slammed by Series of Strong Earthquakes
A series of strong earthquakes hit central Italy on Wednesday, striking fear among residents still rattled by a deadly tremor in August, but there were no reports of casualties. A quake measured at ...
New York, San Fran Legal Fights Test Airbnb Business Model
Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. In eight years of torrid growth, the company has often clashed with local public officials ...
Wells Fargo Account Scandal Draws Calif. Criminal Probe
The California Attorney General's Office has launched a criminal investigation into Wells Fargo over allegations it opened millions of unauthorized customer accounts and credit cards, according to a ...
U.S. Regulators Urge Banks to Boost Cyber Security Standards
U.S. bank regulators on Wednesday outlined cyber security standards meant to protect financial markets and consumers from online attacks against the nation's leading financial firms. Leading banks ...
Hurricane Matthew Damage Won’t Harm Most Insurer Ratings: A.M. Best
A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers have sufficient capital and appropriate reinsurance programs in ...
Slow Canadian Wildfire Insurance Payments Spur Anger in Burnt-Out City
Some five months after the wildfires that devastated Fort McMurray were extinguished, anger over red tape and the slow pace of insurance payouts and permit issuance is flaring in the remote northern ...